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Sectors & IndustriesFinancial Services
Best Financial Stocks to Buy Now (2024)
Top financial stocks in 2024 ranked by overall Zen Score. See the best financial stocks to buy now, according to analyst forecasts for the financial services sector.

Sector: Financial Services
Ticker
Company
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
MARA
MARATHON DIGITAL HOLDINGS INC
70
57
86
78
60
HGBL
HERITAGE GLOBAL INC
64
100
86
0
70
CBFV
CB FINANCIAL SERVICES INC
61
100
43
0
60
100
LPRO
OPEN LENDING CORP
60
86
57
67
30
AMK
ASSETMARK FINANCIAL HOLDINGS INC
60
57
100
33
50

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Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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Financial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
102+0.42%+0.37%+4.07%+25.74%32.13x2.46x+18.84%+3.20%+0.53%-0.09%Buy
18+0.45%+0.84%+7.73%+29.30%13.80x1.14x+12.21%+0.96%N/A+5.52%Buy
346+0.73%+1.15%+4.58%+14.95%-10.33x1.02x+11.77%+1.12%-0.00%+8.43%Buy
60+0.49%-0.35%+2.23%+20.05%20.14x1.86x+10.90%+1.73%+0.44%+3.63%Buy
60+0.75%-0.18%+3.61%+29.98%29.51x5.02x+81.02%+17.20%+30.18%-8.30%Buy
3+3.05%+0.55%+12.27%+13.06%10.20x1.84x+7.73%-0.57%-1.28%+4.99%Strong Buy
11+0.89%+0.09%+2.19%+29.38%110.32x4.80x+4.88%+5.86%+11.57%+1.79%Buy
18-0.02%+0.36%+1.21%+30.64%32.88x7.26x-140.88%+7.04%+18.72%+1.87%Buy
14+0.83%+1.31%+2.67%+39.38%10.01x1.60x+17.93%+8.16%+0.02%+7.74%Buy
20-0.04%+0.88%+3.41%+55.08%16.85x1.47x+10.89%+1.29%+0.02%+2.65%Buy
37-0.05%+1.06%+3.55%+32.50%5.51x2.29x+15.32%+3.46%+0.01%-3.57%Buy
9+0.18%+2.69%+5.86%+22.03%7.53x1.22x+21.61%+3.87%N/A+4.06%Buy
21+0.58%+2.06%+3.84%+27.61%30.99x1.66x+10.51%+3.92%+0.97%+3.24%Buy
15-0.21%+0.42%+5.48%+24.00%-63.41x0.43x-2.20%+0.36%N/A+11.15%Buy

Financial Stocks FAQ

What are the best financial stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best financial service stocks to buy right now are:

1. Marathon Digital Holdings (NASDAQ:MARA)


Marathon Digital Holdings (NASDAQ:MARA) is the top financial stock with a Zen Score of 70, which is 38 points higher than the financial sector average of 32. It passed 23 out of 33 due diligence checks and has strong fundamentals. Marathon Digital Holdings has seen its stock return 213.61% over the past year, overperforming other financial stocks by 189 percentage points.

Marathon Digital Holdings has an average 1 year price target of $21.06, a downside of -6.73% from Marathon Digital Holdings's current stock price of $22.58.

Marathon Digital Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Marathon Digital Holdings, 20% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Heritage Global (NASDAQ:HGBL)


Heritage Global (NASDAQ:HGBL) is the second best financial stock with a Zen Score of 64, which is 32 points higher than the financial sector average of 32. It passed 20 out of 33 due diligence checks and has strong fundamentals. Heritage Global has seen its stock lose -7.69% over the past year, underperforming other financial stocks by -33 percentage points.

3. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the third best financial stock with a Zen Score of 61, which is 29 points higher than the financial sector average of 32. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock lose -0.18% over the past year, underperforming other financial stocks by -25 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 13.32% from Cb Financial Services's current stock price of $21.62.

Cb Financial Services stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Cb Financial Services, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the financial stocks with highest dividends?

Out of 486 financial stocks that have issued dividends in the past year, the 3 financial stocks with the highest dividend yields are:

1. Proassurance (NYSE:PRA)


Proassurance (NYSE:PRA) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.17%. Proassurance's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Proassurance's dividend has not shown consistent growth over the last 10 years.

Proassurance's dividend payout ratio of -6.8% indicates that its dividend yield might not be sustainable for the long-term.

2. Mbia (NYSE:MBI)


Mbia (NYSE:MBI) has an annual dividend yield of 118.34%, which is 114 percentage points higher than the financial sector average of 4.17%. Mbia's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Mbia's dividend has not shown consistent growth over the last 10 years.

Mbia's dividend payout ratio of -78.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Investcorp Credit Management Bdc (NASDAQ:ICMB)


Investcorp Credit Management Bdc (NASDAQ:ICMB) has an annual dividend yield of 20.26%, which is 16 percentage points higher than the financial sector average of 4.17%. Investcorp Credit Management Bdc's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Investcorp Credit Management Bdc's dividend has not shown consistent growth over the last 10 years.

Investcorp Credit Management Bdc's dividend payout ratio of -242.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are financial stocks up?

Financial stocks were up 0.47% in the last day, and up 0.75% over the last week. Binah Capital Group was the among the top gainers in the financial services sector, gaining 36.32% yesterday.

Binah Capital Group shares are trading higher following the stock's Nasdaq debut.

What are the most undervalued financial stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued financial stocks right now are:

1. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the most undervalued financial stock based on WallStreetZen's Valuation Score. First Us Bancshares has a valuation score of 100, which is 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 30.42% in the past year. It has overperformed other stocks in the financial sector by 5 percentage points.

2. Hanover Bancorp (NASDAQ:HNVR)


Hanover Bancorp (NASDAQ:HNVR) is the second most undervalued financial stock based on WallStreetZen's Valuation Score. Hanover Bancorp has a valuation score of 100, which is 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

Hanover Bancorp's stock has dropped -19.24% in the past year. It has underperformed other stocks in the financial sector by -44 percentage points.

3. Northern Trust (NASDAQ:NTRS)


Northern Trust (NASDAQ:NTRS) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. Northern Trust has a valuation score of 100, which is 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

Northern Trust's stock has gained 4.66% in the past year. It has underperformed other stocks in the financial sector by -20 percentage points.

Are financial stocks a good buy now?

36.23% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 2.36% over the next year.

What is the average p/e ratio of the financial services sector?

The average P/E ratio of the financial services sector is 20.43x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.